Chip firm Advanced Micro Devices will acquire silicon wafers from GlobalFoundries for about $2.1 billion from 2022 to 2025, according to a regulatory filing on Thursday.
According to a filing with the US Securities and Exchange Commission in May, AMD had agreed to buy $1.6 billion worth of chips between 2022 and 2024. Wafers are large discs of silicon on which computer chips are built.
GlobalFoundries was formed when AMD closed its chip factory operations in 2009 and has supplied AMD ever since. However, GlobalFoundries decided to abandon the adoption of leading chipmaking technologies in 2018.
Since then, AMD has turned to Taiwan Semiconductor Manufacturing Company to supply the most important classes of its computer processors, called “chiplets”.
read all breaking news, today’s fresh news And coronavirus news Here.